Forces Shaping the CIO Agenda in 2011 - Slide 3

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Almost three-quarters of survey respondents believe that if they do not innovate and embrace new technology, their company will lose market share. However, only 34 percent of CIOs think they have achieved anything close to their innovation potential – so there is clearly substantial scope for innovation within areas covered by the CIO’s remit.

A 2011 survey of over 2,500 CIOs and IT leaders by PA Consulting Group and Harvey Nash reveals that CIOs are playing an increasingly influential role within their organization. However, management boards are still demanding that CIOs save costs, increase operational efficiencies and deliver consistent and stable IT performance to the business.

If cost, efficiency and stability become a CIO’s sole focus and IT work is increasingly outsourced, then the future for those CIOs is as facilities managers. In PA’s view, keeping the lights on and reducing costs are only half the role.

The good news is that there is an opportunity for CIOs to take action and build on a trend of growing influence. The survey shows that 50 percent of CIOs now sit on the operational board or executive management team, almost 40 percent have seen their budgets grow over the past year and the same number have seen their salaries increase in the past 12 months.

This slideshow highlights the key market and internal forces that are shaping the landscape from the CIO perspective in 2011, as well as tips on how to achieve the right balance on the utility-to-innovation continuum.

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